Dec 28, 2012 9:00am EST
more local or large city looks david roeder rights for the sun times, one of my favorites and put out a piece a couple days ago where he took three washington policy institutes and put together some of their research. he found if you just looked at large cities foreclosures were about 6% but the record is 6.1%. if you loosked at just chicago 8.7% foreclosure rate versus a year ago, year over year at 8.8. so only 0.1 better. if you specifically looked at cook county, their third quarter prices were down 3% year over year. you have the good, the bad, and it gets very difficult to just come up with one lump sum. one thing we can walk away with, it seems as though housing has bottomed. many states deal with the core process of foreclosures and there have been breakthroughs there. i've talked with many experts who really think there is still a shadow inventory of foreclosures that are going to be freed into 2013. you try to figure it out. the last, well maybe this is the credit market side of a possible positive for u.s. treasuries or some of the good ones like boon's. there's a "wall stre
Dec 26, 2012 4:00pm EST
will be doing great. the coastal cities, again, largely rain and travel delays will be impacted significantly where we have new york, philly and d.c. >> sounds like retailers can't catch a brick right now. superstorm system and now the storm is barreling its way across the country and with holiday pale at their weakest, heard that this morning, do retailers, can they make up for last yund. >> thank you. have, why don't you go first. what impact is it going to have? >> you have declining dispose al income and petter problems. you have the retailers that have inconspicuous stock and consumers are concerned about everything from hurricane sandy and the senseless slaughters in sandy hook, connecticut, spending less and giving more to charities. >> jan, i don't want to minimize any of this, the damage that this storm has already inflicted in parts of the country and could still inflict, but we were in an environment where people were just not shopping to begin with. do you think retailers could use this as a good excuse going forward? >> yeah, bert's here with me the four horsemen and apocalypse.
Dec 26, 2012 8:00am PST
time. stay alert. if you have any tornado watches or warnings for your city, seek shelter immediately because that risk is very real especially in this area shaded in red and outer banks of north carolina and isolated tornados, damaging wind gusts and large hail from some of the thunderstorms. blizzard warnsing are in effect. not just heavy snowfall, up to six inches across parts of the midwest. you factor in wind gusts over 40 miles per hour. in parts of indiana, illinois, and ohio. we have winter storm warnings in portions of pennsylvania, upstate new york and portions of new england. jamie, for parts of new york city looks like we'll get a coating throughout the evening rush. the heavy snowfall will stay further to the west. jamie: maria molina will be pretty busy today. thank you, maria. of course these tornados i was mentioning are pretty rare occurrence in winter. but they do happen and can often be deadly. in fact over last three years 21 people have been killed by tornados this time of year. average of 34 tornados spring up in the month of december. the last time a tornado str